Global Gaming Factory X purchased the Pirate Bay back in June and promised to make the website legit, despite the whole reason for the site's operation being to link to places where you can get content illegally.

Casual and unsuspecting approach

In a statement obtained by the Guardian, a spokesperson for the Stockholm-based AktieTorget equity market, said: "Following a recommendation from the disciplinary committee, the board of AktieTorget has today decided to exclude Global Gaming Factory X from organised share trading.

"The decision applies with immediate effect."

The reason: "[Global Gaming Factory X] give a systematic impression of a lack of accountability and of an almost casual and unsuspecting approach to disclosure requirements."

For quite obvious reasons, this has put the whole sale of the Pirate Bay into doubt. But the CEO of Global Gaming Factory X has reacted to the news, saying he would pay for the site himself if any investors do bail out.